Wednesday, April 26, 2017

Increase in California taxes

Well, there is good news and not-so-good news associated with California's significant tax increases on fuel, vehicle licensing, and even zero emissions vehicles.

The good news is that the legislature, though in near secrecy and on a fast track, finally passed something to benefit the entire state, not just those special interest donors and social reformers legislators love so dearly.

The not-so-good news comes in two parts: certain and assured. 

It is certain that the cost of living will increase dramatically across the entire state, as the added fuel costs for businesses will be passed on to the consumers.  Every element of life will now cost more.  Thank you so much.

It is assured that some of those special interests to whom the legislators are beholden to for donations will find some way to reap extraordinary rewards.  Union demands for construction contracts, awarding of the contracts, and selecting suppliers will all benefit those connected to the legislators.

It is also assured that at some time in the not too distant future, the legislators and governor will siphon funds away from the infrastructure they are intended to fix.  California's history is all too replete with these shenanigans.  

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